The Right Social Entrepreneurship Examples Involve Doing Business For The Benefit Of Others

By Camille Nicholson


When we think of entrepreneurs, we think of a businessman or a businesswoman and that the entrepreneur is in it for the profit margins, the bottom line, the monetary profit that he or she will make after all the expenditures are paid and so on and so forth. One rarely ever thinks of an entrepreneur who's not in it for the money, yet that is not entirely true. There are two forms of entrepreneurs, the business and social entrepreneurship examples .

This thinking is however flawed in a lot of ways as there are 2 types of businesses, business entrepreneurs and social entrepreneurs. We shall explore social entrepreneurship more. Business entrepreneurs are in business for the financial profit that comes with running a successful business.

Business entrepreneurship's most pivotal objection is to make a profit. Social entrepreneurship may make money in the process of running their businesses, but their main objective is entirely different. Social entrepreneurship are those businesses who instead of blaming their governments for some of the conditions in which society lives, they venture into that social or economic field which is lacking and they make a business that has the best interest of the people of that particular society. Social entrepreneurship works like non-governmental organizations.

Though they may generate a profit in their business, it's not what they set out to do. Making money will mean nothing to the organization if the service offered does not benefit or correct and meet the need of the communities involved. Every year South Africa holds the Shoprite checkers woman of the year function.

Ms Nyeleti Mushwana is one such example. She was born into a poverty stricken province of Limpopo South Africa and she observed that the people in her community suffered great poverty. In that recognition she also identified that her province was a great tourist attraction destination, so she built her own hotel business where she provided employment for the people of Tzaneen.

Another great and very prominent example of social entrepreneurship is a company called ASHOKA. Ashoka is a foundation that is dedicated to find, help and fund social entrepreneurs around the globe. Ashoka has thus far sponsored 2145 social entrepreneurs in 73 countries globally. Some of the social entrepreneurs sponsored by Ashoka have gone on to become great businessman which they in themselves have gone out to develop underprivileged communities around the world.

The Nelson Mandela's children foundation is a very popular form of social entrepreneurship. HIV and AIDS have unfortunately left millions of children orphaned in South Africa, and the foundation founded by the Republic's first democratically elected president Nelson Mandela is there to provide a loving, protective, conducive and secure environment in which children who belong to no one have found a place they can call home.

If everyone's definition of social entrepreneurship examples went broader than just how much monetary profit the entrepreneur can make, our global community would a better place to live in. We would all realize that effecting positive social changes to our communities would ultimately lead to the wealth that we all so desperately want.




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